Website Project Equity
About Project Equity
Project Equity is a nonprofit organization focused on expanding employee ownership to sustain business legacies and retain jobs, particularly for working people and communities of color. Their mission is to build wealth within communities through the promotion of employee ownership models such as ESOPs (Employee Stock Ownership Plans), worker cooperatives, and Employee Ownership Trusts. Project Equity supports businesses through financing, facilitating transitions to employee ownership, and offering strategic consulting services. Their Employee Ownership Catalyst Fund is notable for providing flexible capital without requiring personal guarantees, aiding both partial and full ownership transitions, and accommodating various ownership structures.
About this Role
As the Capital Deployment Manager at Project Equity, you will play an integral role in the Capital team, primarily focusing on deploying catalytic capital to promote employee ownership. This part-time position involves working directly on financing deals and contributing to internal operations related to the Employee Ownership Catalyst Fund. You’ll collaborate closely with various stakeholders, including the Fund Manager, the Client Services team, and external partners, to facilitate the transition of businesses towards employee ownership. This role provides a unique opportunity to engage with business owners and industry practitioners while actively contributing to a burgeoning national market for employee ownership finance.
Responsibilities
- Track internally and externally generated capital deployment opportunities.
- Support externally generated financing opportunities by meeting representatives, processing NDAs, obtaining materials, and conducting due diligence.
- Provide project management support through capital placement processes including application, underwriting, securing approvals, and deal closing.
- Act as a key contact between borrowers and stakeholders to ensure timeline adherence.
- Maintain operations meeting schedules and communications.
- Lead investor financial and impact reporting quarterly/annually.
- Prepare internal documentation to aid decision-making.
- Manage document storage for fund transactions.
- Promote a supportive and high-functioning workplace culture.
Requirements
- Bachelor’s degree or equivalent experience; MBA preferred.
- 5 years of work experience, with 2+ years in lending-supportive roles.
- Knowledge of commercial lending processes and terms.
- Familiarity with impact investing and socio-environmental consideration in finance.
- Strong project management skills.
Benefits
- Retirement savings plan with a company match.
- Employee Assistance Program.
- Access to well-being resources and caregiver support.
- Commuter benefits.
- Training and development opportunities.
- Education reimbursement up to $500 annually.
- Holiday pay for regular part-time employees.
- Up to 60 hours of vacation and up to 40 hours of sick leave, subject to work schedule.
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